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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: stantheman who wrote (20747)8/1/2000 7:05:12 PM
From: Zeev Hed  Read Replies (4) | Respond to of 27311
 
Can anyone explain why accounts receivable are greater than quarterly sales? They ship but don't get paid? It should also be a concern that cash on hand is enough for just 2 additional quarters (not counting possible contributions from IDF), if they have to go to the well when the market is week, that will mean substantial additional dilution. I am not sure that the market is going to like the figures. Unless the conference call has some info on major pending orders (and the CC rarely includes such), I fear we are going to see some "ugliness".

Zeev